{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/learnpriceaction.com\/dailyfx-economic-calendar\/#BlogPosting","mainEntityOfPage":"https:\/\/learnpriceaction.com\/dailyfx-economic-calendar\/","headline":"Dailyfx Economic Calendar Guide (with Picture Tutorial)","name":"Dailyfx Economic Calendar Guide (with Picture Tutorial)","description":"The Dailyfx Economic Calendar has been one of the world\u2019s leading reliable free news and research sources since 2002. A trader can use it for analysis on commodity, currency and index trading. In this tutorial, you will learn how to read the calendar in a way that is easy and favorable to your trading.   […]","datePublished":"2018-06-07","dateModified":"2023-11-10","author":{"@type":"Person","@id":"https:\/\/learnpriceaction.com\/author\/wikitrader\/#Person","name":"WikiTrader","url":"https:\/\/learnpriceaction.com\/author\/wikitrader\/","identifier":3,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Learn Price Action","logo":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/06\/brokers-mins-2.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/06\/brokers-mins-2.png","height":630,"width":1200},"url":"https:\/\/learnpriceaction.com\/dailyfx-economic-calendar\/","about":["Stock Market and Forex Lessons","Trading Strategy Guides"],"wordCount":1520,"articleBody":"The Dailyfx Economic Calendar has been one of the world\u2019s leading reliable free news and research sources since 2002.A trader can use it for analysis on commodity, currency and index trading. In this tutorial, you will learn how to read the calendar in a way that is easy and favorable to your trading. What is the\u00a0Dailyfx Economic Calendar?The Dailyfx.com economic calendar is a simple way for traders to keep track and stay on top of the latest markets news releases and announcements.Everyone from beginners, market day traders and the very experienced examine market moving events to stay ahead of crucial announcements, all the while looking for excellent trading opportunities. The Forex Calendar is also used by many traders to make wise trading decisions and avoid sudden particular economic situations.In this tutorial, you will learn how to use the Dailyfx economic calendar, dividend calendar, and central bank calendar. How to Use the Economic Calendar?Step #1:Navigate to the link at Dailyfx to find their economic calendar.Upon navigating, click the \u201cCalendar & Charts\u201d button above and click the \u201cEconomic Calendar\u201d.\u00a0 It should show you a similar screen like the image below;  The next step would be configuring the Forex calendar.So, now it\u2019s time to optimize your time zone. Step #2:Configuring Your Time Zone.Now that you\u2019re on the calendar tab, all you need to do is click on the button as shown in this picture. After clicking on the \u201cCurrent Time: (GMT0) 16:47\u201dIt should show this similar screen.  Now select your current time zone.If you don\u2019t know your time zone, simply search it on google.Note: Setting up your correct time zone is extremely important in determining the correct time for each news event, so make sure your configuration is correct.You can click on the weekly view to show news event synchronized with your local timeline.  Step #3:Setting your event filter.Filters will help you determine the type of currencies and news to display.To set filters click the filter icon on the top right side of the screen similar to the image below.  After clicking the \u201cFilter\u201d icon, it will show you a setting tab like in the image below.This will give you the ability to filter events based on expected impact, event types and currencies. As shown in the filters, there is the importance tab where you can change what events you would like to focus on.  Red means high-impact, orange is medium-impact and blue means low impact news.Once everything has been set, just click the \u201cclose icon\u201d to begin showing only the events and currencies you have selected. You can change what you want to see just by repeating this step. Step #4:Selecting your Desired Time Frame.Now that your time zone has been set with a configured filter, it\u2019s time to select your desired time frame. It is the span of time that will be displayed on the calendar.This part of the page is where you can navigate through any time frames you desire.  From that part of the screen, you can navigate through any time frame by clicking on the date, or the previous \/ next week button. Step #5:Dig Deeper! Other than the \u201csurface contents\u201d such as the event name, expected impact and scheduled time, you can also see additional information by clicking this icon shown in image below;  After clicking the icon it will show the details regarding the particular event.To hide the details just press the (-) icon.Remember: the real advantage of using the Forex calendar always lies within the scheduled time and expected impact on the market-moving events.  How to Use Dividend Calendar on Daily FX?A Dividend Calendar is a perfect tool for your portfolio to check when the next divined payout is occurring. Dailyfx offers this tool to help you meet your trading information needs. Easy StepsClick the \u201cCalendars & Charts\u201d button.  Then click the \u201cDividend Calendar\u201d button.  After clicking, you should have the same screen as the image below;  As you can see; there is a graph where you can find the ex-dividend date, ticker, region, next dividend, next dividend declare date, next dividend payable date, last dividend amount and last dividend declare date.To sort the ticker in an A-Z format, simply click the \u201cTicker\u201d button.  It will then show you in an \u201cAlphabetical order\u201d the ticker category.  As you can see it has been sorted to A-Z.To sort it from Z-A format, just simply click the \u201cticker\u201d button again.  This step also applies to each sector of the graph. Region Category Next Dividend Category Next Dividend Declare Date Next Dividend Payable Date Last Dividend Amount Last Dividend Declare Date You can also find the Webinar Calendar\u00a0on\u00a0the middle right side of the Dividend Calendar.  A webinar calendar is where you can find the upcoming conferences hosted by webinar organizers in near real time over the internet on an everyday basis.By clicking the date, you will see different kinds of events with their scheduled time.  You can also register by clicking the \u201cregister now\u201d button and it will lead you to another link where you can register.  Simply fill out the form and you’re good to go and join the webinar conference.NOTE: You can also find the Forex dividend calendar above the webinar calendar that shows the actual, forecast percentage, and the previous percentage showing; red for high, orange for medium, and green for low.  Now that you know how to use the dividend calendar and economic calendar. We will now move to the final chapter of this tutorial. How to use Central Bank Calendar?As a trader, one must always know the monthly meeting dates for the major central banks such as US Federal Reserve, European Central Bank, Bank of England, Swiss National Bank, Bank of Canada, Bank of Japan, Reserve Bank of Australia, Reserve Bank of New Zealand, Riksbank, Norges Bank, and Bank of Mexico.The following is the 2018 calendar meetings by the Central Bank Committees that decide monetary policy.We will start by clicking the \u201cCalendars & Charts\u201d button again and click on the \u201cCentral Bank Rates\u201d.    After clicking the \u201cCentral Bank Rates\u201d you should see the same screen as this;  As you can see there is the \u201cTable View\u201d, the \u201cBank View\u201d, and the \u201cMonthly View\u201d.  The first one is the \u201cTable View\u201d.In the table view, you will find the names of the banks along with a calendar beginning January through December 2018.  And then there is a date placed on each bank every month which is the meeting date.  As you can see; on May 21, 2018, there will be a meeting of the bank of England and Swiss national bank.And next is the \u201cBank View\u201d.On the \u201cBank View\u201d button, you will see a more detailed meeting date of each bank.To go there just tap the \u201cBank View\u201d button.  Upon clicking, you should see the detailed meeting dates of each bank.  And last but not least, \u201cMonthly View\u201d.To go to the \u201cMonthly View\u201d category, just click the \u201cMonthly View\u201d button and it should show you detailed meetings of every bank in each month.   Final ThoughtsNow that you know how to use the economic calendar let\u2019s have a recap.\u2981 Economic calendar is used for analysis on commodity, currency and index trading\u2981 You can use it for examining market-moving events to stay ahead of market changes that’ll affect your trading.\u2981 You now know how to use the Dailyfx economic calendar and configure your time zone, synchronizing your time frame, setting up filters (based on expected impact, event types and currencies), navigating through news event on your local timeline, selecting desired time frame, going through any time frame, and looking for any additional information.\u2981 Now you can also use dividend calendars by sorting them out in an alphabetical order (vice versa). You also know how to participate in the upcoming Webinar Conferences.\u2981 Lastly, you can now navigate, read and use the central bank calendar. NOTE: There are a few factors you must always remember as a trader.\u2981 As has been noted, market-moving events play a crucial role in Forex.\u2981 Always keep track of events.\u2981 Use the calendar to help you make wise decisions on optimizing your trading. Risk control and smart decisions play a big role in being a trader. You should always know when you are going to exit before you enter into the trade and how you plan to manage it. Lessons You May Like:How to Trade Price Action on Bitcoin and CrytpocurrenciesHow to Day Trade Stocks and Forex"}